International6 years agoShell and Aker BP cancel Maersk Drilling’s rig contractsShell and Aker BP cancel Maersk Drilling’s rig contracts Danish offshore drilling contractor Maersk Drilling has received notices of…
International6 years agoBrazil tops savers list as countries with currencies hit by Covid-19 see production costs shrinkingBrazil tops savers list as countries with currencies hit by Covid-19 see production costs shrinking Global currencies have depreciated…
International6 years agoUS shale oil output set to drop in 2020 as cuts forecast to reach more than 2 million bpd in last quarterUS shale oil output set to drop in 2020 as cuts forecast to reach more than 2 million bpd in…
International6 years agoOffshore Drilling Starts for Qatar Mega-ProjectOffshore Drilling Starts for Qatar Mega-Project Qatar Petroleum (QP) reported Wednesday that it has begun the offshore development drilling…
International6 years agoPetrobras Hibernates 62 PlatformsPetrobras Hibernates 62 Platforms Petrobras revealed Wednesday that it has begun hibernating 62 platforms in shallow water fields in…
International6 years agoCOVID-19 demand update: Oil seen down 9.6%, jet fuel down 31%, road fuel down 9.6% in 2020COVID-19 demand update: Oil seen down 9.6%, jet fuel down 31%, road fuel down 9.6% in 2020 Rystad Energy’s…
International6 years agoOil prices hardly changed as market waits for more news – Rystad Energy commentsOil prices hardly changed as market waits for more news – Rystad Energy comments Oil prices are largely unchanged…
International6 years ago$20 Oil Could Crush Brazil’s Offshore Oil Boom$20 Oil Could Crush Brazil’s Offshore Oil Boom Brazil has suspended its 17th licensing round which would have seen…
International6 years agoSaipem Crew in Isolation after COVID-19 Case on Pipelaying VesselSaipem Crew in Isolation after COVID-19 Case on Pipelaying Vessel Several crewmembers aboard Saipem’s offshore vessel FDS in a…
International6 years agoWood grows US renewables business with onshore wind contracts worth $100mWood grows US renewables business with onshore wind contracts worth $100m Wood, the global engineering and consulting company, has…